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by FollowingTheDao 1182 days ago
>I’m confused by this-just as things were maybe starting to cool down a bit are they trying to start a bank run again?

The Fed just reversed a lot of quantitative tightening so they are feeling free to be reckless again.

https://twitter.com/SJosephBurns/status/1639218079719649280

1 comments

You're being downvoted because you're claiming nonsense with certainty. I'd suggest you stop following conspiracy theorists like joseph burns.

The tweet you linked shows the Fed's balance sheet. Yes, QE implies that balance sheet up. But not the other way around. Correlation is not causation.

P.S. loved your meltdown, copy pasting it here for posterity

> FollowingTheDao 10 minutes ago | root | parent | next [–]

> I FCKING HATE IT HERE AND I QUIT! WHY THE FCK IS THE TRUTH BEING DOWNVOTED!

> IS IT NOT TRUE THAT THE FED REVERSED QT??? IS IT NOT TRUE THAT THIS MENAS BANKS CAN PUT MONEY BACK INTO RISKY ASSEST???

> YOU ARE ALL DELUSIONAL! CANCEL MY FCKING ACCOUNT SO I CANNOT DOWNVOTE ALL YOU IDIOTS INTO OBLIVION!

> YOU HERE ME @DANG???

> I cannot wait for the Depression to hit and all you will be like "what?" and not know what to do. BYE!

Maybe next time don't refer to your nonsense as "the truth"?